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5501 Winchester Rd - C 1,500 SF Office Condo Unit Offered at $155,000 in Memphis, TN 38115
Executive Summary
All brick 2 office condos for sale, property can be seperated or come as one 1500 unit with 5 office reception area and 2 bathrooms
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | No. Parking Spaces | 4 |
| Cap Rate | 7.74% |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.74% |
| No. Parking Spaces | 4 |
Description
1500 sq ft office condo for sale in excellent condition with 5 offices reception area and 2 bathroom, property can be subdivided to have two different addresses for two different businesses.
Sale Notes
all cash sale will consider owner financing with 20% down payment
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 1,500 SF | Office | $155,000 ($103.33/SF) | $12,000 |
Unit 1
| Unit Size |
| 1,500 SF |
| Condo Use |
| Office |
| Price |
| $155,000 ($103.33/SF) |
| NOI |
| $12,000 |
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Unit 1
| Unit Size | 1,500 SF |
| Condo Use | Office |
| Price | $155,000 ($103.33/SF) |
| NOI | $12,000 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.74% |
| No. Parking Spaces | 4 |
| Description | |
| 1500 sq ft office condo for sale in excellent condition with 5 offices reception area and 2 bathroom, property can be subdivided to have two different addresses for two different businesses.</li></ul> | |
| Sale Notes | |
| all cash sale will consider owner financing with 20% down payment</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 2,250 SF | Typical Floor Size | 2,250 SF |
| Property Type | Office (Condo) | Year Built | 1984 |
| Property Subtype | Office/Residential | Lot Size | 0.07 AC |
| Building Class | B | Parking Ratio | 10/1,000 SF |
| Floors | 1 | ||
| Zoning | Commercial | ||
| Total Building Size | 2,250 SF |
| Property Type | Office (Condo) |
| Property Subtype | Office/Residential |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 2,250 SF |
| Year Built | 1984 |
| Lot Size | 0.07 AC |
| Parking Ratio | 10/1,000 SF |
| Zoning | Commercial |
Amenities
- Bus Line
- Courtyard
- Signage
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Affordable Homes LLC
5501 Winchester Rd - C
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